Optimum Tariffs in a Distorted Economy: An Application to U.S. Agriculture

John Beghin () and Larry Karp

No 51236, Working Papers from International Agricultural Trade Research Consortium

Abstract: Optimal distortions for the agricultural sector are calculated taking as given distortions in the nonagricultural sector. The calculations use a general equilibrium model and assume that the sole criterion is economic efficiency. For most agricultural commodities, existing distortions should be decreased; for the cotton and oil bearing sector, however, the existing tariff should be increased.

Keywords: International; Relations/Trade (search for similar items in EconPapers)
Pages: 27
Date: 1986
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Persistent link: https://EconPapers.repec.org/RePEc:ags:iatrwp:51236

DOI: 10.22004/ag.econ.51236

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